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File: IO-NR Closing Debenture Financing.pdf

INCA ONE ANNOUNCES CLOSING OF NON BROKERED DEBENTURE
                      FINANCING
VANCOUVER, BC � July 10, 2015 - INCA ONE GOLD CORP. (TSX-V: IO) ("Inca One"
or the "Company") is pleased to report that it has closed the previously announced non-brokered
debenture financing (the "Debenture Financing") for gross proceeds of USD$500,000.

The Debenture Financing consists of 20 units (the "Units") with each Unit comprising one non-
convertible debenture (the "Debentures") in the principal amount of USD$25,000, and 25,000
non-transferable warrants (the "Warrants"). Each Warrant is exercisable into one common share
of the Company at a price of CAD$0.25 until a date that is 12 months from the closing date of
the Debenture Financing. The holders of the Debentures are entitled to receive interest at the
rate of 14% per annum, calculated and paid quarterly in arrears. The term of the Debentures is 12
months with a 12 month extension at the option of the Company.

A finder's fee of 5% of the gross proceeds of the Debenture Financing is payable in cash by the
Company to certain finders (the "Finder"). The Debentures are secured by a security interest in
certain of the Company's present and after acquired property to be registered in British
Columbia.

The net proceeds from the Debenture Financing will be used to fund the purchase of strategic
capital additions such as a desorption plant, to retire certain higher interest maturing debts, and
for general working capital purposes, as applicable.

About Inca One

Inca One is a Canadian-based mineral processing company with a gold milling facility in Peru,
servicing government-permitted, small-scale miners. As part of the terms of the original purchase
agreement for the Chala, Peru processing facility, Inca One has an agreement between its wholly
owned subsidiary, Chala One SAC, and the seller and initial permit applicant, to operate under
the umbrella of formalization until the successful completion of all the environmental and
operating permits. Peru, a highly mineral-rich country, is one of the world's top producers of
gold, silver, copper and zinc, with substantial production coming from small scale miners who
need government permitted milling facilities to process their mineral (such as the Company's
Chala Plant).

On behalf of the Board,


Edward Kelly
President & CEO
INCA ONE GOLD CORP.
                                            INCA ONE GOLD CORP.
                        1125 - 595 Howe Street, Vancouver, British Columbia, Canada V6C 2T5
                                      Tel: 1 604 568 4877Fax: 1 604 569 1604
                                                  ir@incaone.com
                                                 www.incaone.com
 
For More Information Contact:

Konstantine Tsakumis
INCA ONE GOLD CORP.
Email: irincagold@incaone.com
Telephone: (604) 568-4877

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES
PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE
EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF
THIS NEWS RELEASE.

Statements regarding the Company which are not historical facts are "forward-looking
statements" that involve risks and uncertainties. Such information can generally be identified by
the use of forwarding-looking wording such as "may", "expect", "estimate", "anticipate",
"intend", "believe" and "continue" or the negative thereof or similar variations. Since forward-
looking statements address future events and conditions, by their very nature, they involve
inherent risks and uncertainties. Actual results in each case could differ materially from those
currently anticipated in such statements due to factors such as: (i) fluctuation of mineral prices;
(ii) a change in market conditions; and (iii) the fact that the Company has limited operating
experience with its Chala plant and future operational results may not be accurately predicted
based on this limited information to date. Except as required by law, the Company does not
intend to update any changes to such statements.

This news release deals only with the Company's Chala plant, which is an industrial project. This
presentation does not deal at all with the Company's sole mineral exploration property, the
Corizona property. Investors should note that no resource has been established on the Corizona
property and all of the material currently being processed at the Chala plant is received from
local small-scale mining operations.